ECLAC: Brazil, Argentina and the Problems and Mistakes in the Latin American Structuralist Economic Theory

Adriano Paranaiba (), Fernando Antonio Monteiro Christoph D’Andrea () and Samuel Fernandes Lucena Vaz-Curado ()
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Adriano Paranaiba: Instituto Mises Brasil
Fernando Antonio Monteiro Christoph D’Andrea: Oklahoma State University
Samuel Fernandes Lucena Vaz-Curado: Universidade Federal do Sergipe

Revista de Economia Mackenzie (REM), 2023, vol. 20, issue 1, 203-231

Abstract: To a large part, Latin American economic thought is rooted in the view that the State should be the engine of economic development. The theory developed by the Latin American Structuralist School supports this view. ECLAC, a United Na-tions development commission, is the bastion of the policy agenda branch of structuralism. Despite their central role in Latin American economic policies, structuralist ideas have hardly been discussed. We trace the historical origins of this school and use the theoretical standpoint of the Austrian School of Eco-nomics to talk about its views and mistakes.

Keywords: Latin America; Post-Keynesianism; Economic Commission for Latin America; and the Caribbean (ECLAC); Economic Policy; Marx; Austrian Economics; Economic Development. (search for similar items in EconPapers)
JEL-codes: B29 B53 O21 O25 O43 O54 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:aft:journl:v:20:1:2023:jan:jun:p:203-231

DOI: 10.5935/1808-2785/rem.v20n1p.203-231

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